EUR/USD is finding support in the low 1.3740s, the area that capped EUR/USD until late in the session when oil prices exploded.

Small stops are clustered now just below 1.3740.

Oil has reached $99.94 o this latest run.

We’ve seen some profit-taking in the last half-hour or so as EUR/USD has decoupled a bit from oil prices. It feels as though the market is very long of euros at the moment.